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Commerce and Economy

Yeti Airlines ATR 72-500 proving flight successful


Yeti Airlines announced the successful completion of the proving flight of its latest aircraft ATR72-500. Issuing a press statement, the airlines informed that the flight operated by Captain Gabriel C Kunda and Captain Roop Kumar Siddhi departed from Kathmandu’s domestic airport at 12:15 pm with a team of 41 member …

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NIC Asia’s “Double Deposit” scheme


NIC Asia Bank Nepal Ltd has announced the launch of a new deposit scheme ‘NIC ASIA Double Deposit’ to its valued customers on the occasion of 20th year of the successful operation of the bank. According to the bank, the scheme is available for both individuals as well as institutional …

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Himalaya Airlines starting flight to Saudi Arabia from September 1


Himalaya Airlines is all set to operate direct flights from Kathmandu to Saudi Arabia’s Dammam on a daily basis from September 1. Himalaya Airlines informed that the flights were announced to ease the flow of passengers in the festive seasons of Dashain and Tihar during which Nepali migrant workers return …

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Agreement between NMB Bank and MetLife

NMB Bank has signed an agreement with MetLife for providing life insurance services to its customer under the bancassurance service. The agreement was signed by Sunil KC, chief executive officer of NMB Bank Ltd and Nirmal Kajee Shrestha, vice president and general manager of MetLife, according to a press statement …

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Global IME donates Rs 6.5m to flood victims


Global IME Bank has contributed Rs6.5 million to the Prime Minister Disaster Relief Fund to provide aid to victims of the floods in the country’s southern Tarai belt. Chandra Prasad Dhakal, chairman of the bank, handed over a cheque to Prime Minister Sher Bahadur Deuba on Friday. Of the total …

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Citizens Bank provides Rs 1.1m to flood victims


Citizens Bank International has decided to provide financial support of Rs 1.1 million to Prime Minister Disaster Relief Fund for the flood victims. Earlier during the devastating earthquake, the bank provided Rs 10 million to the fund. Moreover, the bank also started an account ‘001002562CA’ with a view to collect …

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Nepali gas dealers facing losses worth billions of rupees

By Our Reporter As the Indian authorities denied to give explosive proof certificates to the Nepali gas bullets manufactured in India, Nepali dealers are facing billions of rupees worth losses. After the economic blockade two years ago, the Nepali government had given permission to the Nepali petro-dealers to import gas-bullets …

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BIMSTEC foreign ministers visit Chandragiri Hills


Foreign ministers participating in the 15th Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Ministerial Meeting on Friday made a visit to Chandragiri Hills for a short retreat. Issuing a statement, Chandragiri Hills Ltd said Deputy Prime Minister and Minister for Foreign Affairs, Krishna Bahadur Mahara; Foreign …

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Gautam new CEO of Siddhartha Bank

Siddhartha Bank Limited (SBL) has appointed Shambhu Nath Gautam as its new CEO. Issuing a statement, the commercial bank said that Gautam assumed new from Thursday. According to the statement, Gautam, with banking experience of 30 years, has been with SBL for last 15 years. He has been serving as …

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Samsung Galaxy J7 Pro now in Nepal

Samsung Nepal launched their most awaited mid-range smartphone— Samsung Galaxy J7 Pro on August 11 in the Nepali market for the price of Rs 32,990. The Galaxy J7 Pro comes in a sleek metal body and is available in Gold and Black colours. The smartphone flaunts a 5.5-inch FHD Super …

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